The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has justified its earlier request that the Federal Government authorize a N100 billion intervention fund to help stabilise the petroleum products market and make them more accessible to Nigerians. President…
The Association of Nigeria Petroleum Products Retail Outlets Owners and Dangote Refinery have signed an agreement on direct premium motor spirit sale to further reduce the price of the product. The spokesperson of PETROAN, Joseph Obele, disclosed this in a…
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has clarified that no new price has been released for Premium Motor Spirit (PMS), commonly known as petrol, from the Port Harcourt refinery. According to the oil marketers, negotiations are…
The Crude Oil Refinery Owners Association of Nigeria has warned the Federal Government to be cautious in granting import licences to petroleum traders for the importation of refined products. CORAN’s comment came amid the controversy between the Dangote Petroleum Refinery and…
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has reacted to the pricing of Premium Motor Spirit (PMS) from the Dangote Refinery, describing the N990 price as inconsiderate. In a statement in Abuja, Dr. Joseph Obele, PETROAN’s National…
The Petroleum Product Retail Outlet Owners Association of Nigeria, PETROAN, says it is a positive development for private oil and gas firms to run the Port Harcourt refinery. The Nigerian National Petroleum Company Limited, NNPCL, had earlier this week called…
Available data has shown that average daily petrol consumption in Nigeria has fallen by 28 per cent since President Bola Tinubu scrapped subsidy on the fuel at the end of May. Average daily petrol consumption fell to 48.43 million litres…
By Uthman Salami National President of the Petroleum Products Retail Outlets Owners Association (PETROAN), Dr. Billy Harry, has hinted that his group has opened discussions with the Federal Government on the adoption of the 3P technologies, which guarantees genuineness and…
Until there are functional refineries in the country, the price of petrol will continue to increase, the Petroleum Product Retail Outlet Owners Association of Nigeria (PETROAN) said on Tuesday. President of PETROAN, Dr. Billis Gillis-Harry, who stated this during a…
